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Kristoffer Bergen
Pro Member
  • Bellevue, WA
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Cash deal convert to financed?

Kristoffer Bergen
Pro Member
  • Bellevue, WA
Posted Dec 13 2017, 12:53

I live in WA state and have a deal in TN I put an offer in on. All cash offer - the only way I could obtain the property and the plan is to rent it out . 

1) Should I start an LLC and in which state? WA or TN?

2) Can I convert the all cash deal to the LLC at closing?

3) Can I convert the all cash deal to a financed deal post closing?

Any help would be appreciated.

Kris

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